Is being designated as a currency monitoring country a "yellow card" for the Korean economy? A complete summary of the impact on my stock and exchange rates.
What does being designated as a currency monitoring list mean? A 'yellow card' for the Korean economy? A complete summary of the impact on my stocks and exchange rates. Hello! I'm your financial editor, who breaks down difficult economic news in an easy-to-understand manner. Have you seen the headline "Korea Designated (or Removed) from US Currency Monitoring List" recently? Just hearing the words evokes a sense of dread, a sense that our economy is about to suffer a major setback. For those of you who are worried, "Will this designation cause the exchange rate to plummet?" or "Will my Samsung Electronics stock be okay?"... Read more